Pre-planning Information

     Many people have thought about preplanning and/or prepaying their funeral for one reason or another; some of those reasons may be:

  • Your loved one may be in a nursing home and may be required to do so.
  • A family member may have been diagnosed with a life-threatening disease.
  • You may be concerned with the rising cost of funerals.
  • You may be concerned about the burden your death maybe on your family.


What are the advantages of prepaying or preplanning a funeral?

  • You are in a much better frame of mind to make sound decisions.
  • There is less pressure to make quick emotional decisions.
  • There are fewer details for family members to worry about when death occurs.
  • Todayís prices can be guarded against rising funeral costs.
  • It relieves the financial burden on surviving family members.
  • The money you set aside will always be there and protected; the funds cannot be withdrawn by anyone except the funeral home, who is required to provide the authenticated death certificate before accepting the funds for payment.


How can I make funeral arrangements in advance?

    One of the best ways to preplan your funeral is to call your local funeral home and set up an appointment. It is very important to know your funeral director and to be comfortable talking with them because they are the one who will be caring for your family when the time arises.


How can I prepay my funeral?

There are several ways to prepay your funeral in advance, including:
  1. Personal Check, bank check of certified check, we donít recommend cash.
  2. Changing the beneficiary of your life insurance policy to your selected funeral home.


What is done with my funds after I have prepaid?

    The FTC (Federal Trade Commission) requires all funeral providers to deposit your funds in an account within 30 days. This is to protect you from fraud. Your funeral director may decide to place your funds in one of several vehicles, such as:

  1. A mortuary trust at the local bank
  2. A burial insurance policy


Both of these options accumulate interest over the years that you are alive. The funds cannot be withdrawn prematurely by anyone until time of death, as a death certificate is required to procure these funds. Paying in advance will also insure against inflation; in fact, the only time that the cost is not guaranteed is when the beneficiary of the funds is changed. All funds that are given to the funeral home are irrevocable; in other words, this money is now under the stewardship of the funeral home and must be applied to a future funeral.



R. M. Edgerly & Son Inc.
86 South Main Street
Rochester, NH 03867
603-332-0230